401K Mutual Funds Exposed - Office Series 1

401K Mutual Funds Exposed - Office Series 1

Category:

News & Politics

Tags:

• xtranormal
• Silver
• Jason Hommel
• BIS
• JP Morgan
• Conspiracy
• zerohedge
• Max Keiser
• Short Squeeze
• goldman sachs
• inflation
• hyperinflation
• greece
• pensions
• default
• gata
• bill murphy
• gold
• end the fed
• ron paul
• bullion
• alex jones
• wikileaks
• rockefeller
• Rothschild
• qe
• manipulation
• roota
• bix weir
• bernanke
• bob chapman
• jim willie
• patriot
• forex
• rumor
• godlike
• futures
• wallstreet
• bubble
• apmex
• tulving
• ted butler
• cftc
• sec
• hedge funds
• position limits
• bart chilton
• gary gensler

[acuriousbeast]

When I had one I actually looked at prospectus of the funds I was in. It was very complicated and basically incomprehensible to me, some general things I caught. People thought I was odd for even trying to do that. When people would ask each other what they were invested in they would answer just like the character did.

I have one cousin whose retirement fund is around %10 of it's original value. Really bad even in these times.

[BrotherJohnF]

@acuriousbeast Yes, like lambs to the slaughter

[BrotherJohnF]

Thanks to all my subscribers and viewers. The battle is not over and they will try to shake us out.  Stay long and strong physical silver. Keep stackin'!!!!

[apelove4u]

You can put your 401k in gold funds. Gold stock funds will do 10X better than physical metal. Learn your gold bull market history. You may not get rich investing in gold, but you will investing in good gold miners.

[BrotherJohnF]

@apelove4u Until the government seizes those companies and you are left with nothing. Paper is paper, and paper will burn

[buzzz121]

Just cashed one in, off to see the wizard, the wonderful wizard of oz. Silver oz offcourse!!!

[BrotherJohnF]

@buzzz121 Good for you. Keep stackin'

[hailehshemondy123]

If you buy gold or silver at it's highest price:(

It will crash your investment when it drops to normal levels ;). 401k should split 25% small cap, 25% mid cap, 25% large cap, 25% international, only mutual funds with highest rate of return. This not a 6 month or 1 yr plan- 5yr or 10yr/ but 20 yr or more is will earn you millions: search Dave Ramsey :) he is a very particle / smart financial planer

[Bobbydsmith101]

I had orientation yesterday and the questions I asked they just stared at me like I was from another planet. I asked if I could pull out all funds without quitting my job and they immediately said I don't know but if you did the taxes and penalty would be huge - and I said I control how much tax I pay because I know what I am doing so I would pay 0% in tax and a 10% penalty but the important question is can I pull it out without quitting....they were baffled

[clat1]

Gold has gone down sharply before-investing some of your money in gold or silver is good , investing all of your money is retarded.

[martel732]

That dude sure is rude. I doubt if he'll get a date, but then again, he's probably not interested in the opposite sex...

[Shockofsanta]

I got fired, cashed out my 401k, and bought all physical silver. My co-worker is pissed because HR wont let him get his money out, to the tune of about 13,000$, and he has 20 years to go before retirement. He knows his 401 will get chewed up long before that. Bummer for him.

[crank454]

another alternative is Sprott Physical Gold Trust ETV (PHYS)

[MyOwnYTAccount]

10%

Penalty? Here in Canada, the penalty to withdraw from your RRSP (the Canadian equivalent) is 10% on the first $5000, 20% on the next $15,000 and 30% on the remainder AND your withdrawal is treated as taxable income.

If still pulling mine out to buy physical

[Anothercoilgun]

This same 401K mutual funds brainwashing is spread in all the corporations around this country. The employees don't know any better. Companies push 401K on people is just sick.